Showing posts with label rbi credit policy. Show all posts
Showing posts with label rbi credit policy. Show all posts

Monday, December 17, 2012

MARKET EYE RBI CREDIT POLICY 18 DEC 2012


Sell Bank  Nifty 12500 call Near 180 Tg 125,95 sl 210

Index hit fresh intraday low 5852  in afternoon trade after the government lowered its official growth forecast to between 5.7% and 5.9% for this fiscal year. Market is eying  to  Reserve Bank of India's Credit Policy review scheduled on Tuesday but  it  may not offer any surprise. Pls avoid taking fresh long postitions in Bank Nifty Options,although writing options with suitable stop loss can be good Bet.